SPONSOR: Van Schoiack
This bill provides a definition for "assessment value" as it relates to real property assessment purposes.
The bill provides that when "assessed valuation", "assessed value", "free market value", "market value", "property values", "true value in money", and "value" are used as they relate to real property assessment purposes, they must be construed to refer to: "assessment value" as defined in the bill.
Statutes affected: